http://scotlandonsunday.scotsman.com/football/Sale-of-Rangers-FC-39will.6650410.jp

 

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Sale of Rangers FC 'will go ahead by mid-January'

 

Published Date: 05 December 2010

By Tom English

 

A DEAL to sell Rangers Football Club to Scots venture capitalist Craig Whyte will go though by the middle of January, according to senior sources at the club.

Whyte, 39, met with Ibrox chairman Alastair Johnston in Glasgow to discuss the purchase of Sir David Murray's shareholding in the club.

 

The proposed £33 million deal will wipe out the existing debt that has stymied Rangers in the transfer market for two years.

 

Yesterday, sources at Rangers said the deal, barring any late hitches, could be completed before Christmas but it is more likely that it will be done by the middle of January. "We can't say with 100 per cent certainty, but Whyte has the money and is very convincing. We think the deal will happen," said the source.

 

Murray has presided over Rangers for 22 years but has been keen to sell his stake for some time.

 

Hopefully the debt thing is not true as that is what is holding them back at the moment.

Probably is if you look like Steven Whittaker.

 

In fairness that is a perfectly valid point you've made there Stewart

Or in the case of Steven Davies who is on £28k per week, that'll reduce his basic wage to marginally over £350k per annum. Steven Whittaker will be on a mere £250k per annum......fucking tough life isn't it

 

It is when you are the kind of muppet who spends their entire pay-cheque every month on crap rather than living on the real world.

 

Not so easy to pay for that massive house you dont really use, that bentley which doesnt suit anyone, or that tab at the casino when your pay wont even cover the gas/lec/council tax, insurance/service/petrol, or medical bills when big Del breaks your fingers & legs

Steven Whittaker will be on a mere £250k per annum......fucking tough life isn't it

 

I wouldn't cross the street to watch that dick playing football.  Fucking hellish player.

The idea of any sort of justice being done was always just a nice delusion.

 

The Scottish Football League (SFL) has no current plans to investigate allegations of 'hidden' contracts at Rangers, STV understands.

 

The club are facing a probe from the Scottish Premier League (SPL) over claims not all payments to players were declared in playing agreements, as per league rules. The Scottish Football Association (SFA) are also looking into the accusations.

 

The SPL's investigation dates back to the inception of the league in 1998, prior to which the Premier Division was controlled by the SFL.

 

Former Rangers director Hugh Adam recently claimed former players were paid using Employee Benefit Trusts (EBTs) from the mid-1990s, potentially pre-dating the SPL.

 

The Ibrox side are accused of having used EBTs to play players over and above their contracted salaries, leading to the SPL investigation and a similar SFA case reviewing whether its articles of association were breached.

 

It is understood that, as Rangers are no longer a member club of the SFL, no investigation will be carried out at the present time to establish whether rules were broken leading up to the club's resignation from the league in 1998.

 

Discussions over any possible look into the club's dealings during their time in the SFL are not believed to have taken place, with a preference to allow the SPL and SFA cases to play out before any future inquiry is considered.

 

It is also understood no concerns were raised to the SFL over any allegations of the non-disclosure of payments during Rangers' time in the league.

 

Former Rangers director Adam, who stood down as a director at Ibrox in 2002, insists those in power knew about the extent of the EBTs and even suggested they were being used in the mid 1990s. It was previously thought the trusts were used from 2001 to 2010.

 

"They weren't included in the contracts," Adam told the Daily Mail. "They definitely weren't. That was the whole point of them.

 

"If they'd been included in the contracts, they would have had to have paid tax on them.

 

"I don't think a lot of the other directors knew an awful lot about it. David Murray kept everything to himself.

 

"People never really asked serious questions about them. 'It's perfectly legal,' was what they thought.

 

"You knew it was cheating but some of them not only hoped but believed it was above board.

 

"I don't think they were making a fortune but they weren't costing a lot of money, so no one bothered.

 

"They [EBTs] were always regarded in my time as a bit of a joke. They were getting away with it but nobody really thought they'd get away with it forever."

http://www.dailyrecord.co.uk/2012/03/06/rangers-in-crisis-ibrox-giants-warned-they-could-be-stripped-of-spl-titles-in-illegal-payments-probe-86908-23776810/

 

Guess I'll get no takers willing to back that to happen

Corrupt club, corrupt directors, corrupt ruling authorities and corrupt investigation

Loaded deck.

Apparently Doncaster has made comments on the radio that the Sky deal doesn't infact require there to be 4 Old Firm games a season, which is the reason he gave for the SPL staying at 12/reducing to 10 teams instead of increasing like all the fans polls showed was the fans choice.

 

Administrators reject players offer on pay cuts. Players been told if agreement can't be reached more than 11 players could go.

 

And we're off!

 

Gregg Wylde GET OUTTA HERE!!!!!!

Would take him, seems to be direct and can take a man on. Final ball can be worked on.

BBC saying he (and a number of other players) have asked to be released. Must have clubs lined up (can they even sign for anyone else before summer?)

Yeah I'd take Wylde, looked good for Scotland U21s last yr

BBC saying he (and a number of other players) have asked to be released. Must have clubs lined up (can they even sign for anyone else before summer?)

 

I would guess you can sign for a club if you left a club that's in administration?

 

Otherwise sign on as an amateur or something.

Celick has walked too.

Celick has walked too.

 

I thought they didn't do walking away?

no thanks on wylde

 

"I don't know what is going to happen next but I thought it was important to play my part in saving Rangers."

He's away south to talk to Blackpool and Southampton. He hasn't been playing for Rangers as 2 more appearances would have put his wages up from 4k per week to 5k per week 

Celick has walked too.

 

Damn miss-read that, thought we were getting rid of both the bigot brothers.

Keith Downie ? @STVkeith

STV understands Rangers players are currently going in to see the administrators one by one to learn their fate.

 

 

 

how much would you love to be a fly on the wall in that room

Keith Downie ? @STVkeith

STV understands Rangers players are currently going in to see the administrators one by one to learn their fate.

 

 

I refused to give up 75% of my wages because' date=' why should I? It was not my fault the club are in this crisis. They really should not have signed me to a contract that they can't afford to pay.[/quote']

 

Well said Celick  

 

Tim